1316 S Grand, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Turnkey Duplex is a Prime Investment Opportunity listed at $924,900—positioned well below the $1,037,644 Fair Market Value by 10%. This valuation gap provides $112,744 in Instant Equity for the incoming buyer. Featuring an Excellent Condition Rating with new kitchens, quartz countertops, and luxury flooring, the property is delivered vacant for immediate market-rate leasing. Proximity to Taper Avenue Elementary (9/10) and Palos Verdes Peninsula High (10/10) ensures long-term demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1316 S Grand Subject | $924,900* List Price | 0 | 0 | 2,226 | $466 | - |
A 728 W 11th Street Sold | $865,000 | 4 | 2 | 1,872 | $462 | 0.2 mi |
B 644 W 19th Street 2 Sold | $1,030,000 | 0 | 0 | 2,052 | $502 | 0.3 mi |
C 1412 S Mesa Street Sold | $900,000 | 0 | 0 | 1,728 | $521 | 0.3 mi |
D 922 W 3rd Street Sold | $870,000 | 0 | 0 | 1,818 | $479 | 0.8 mi |
E 925 S Grand Avenue Active | $649,000 List Price | 0 | 0 | 1,836 | $353 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1925, this duplex has undergone an extensive recent renovation within the last year, qualifying it for an excellent rating. The interiors feature brand-new kitchens with white shaker cabinets, quartz countertops, subway tile backsplashes, and stainless steel appliances. Bathrooms have been fully modernized with new vanities, contemporary tiling, and updated fixtures. The property also boasts new luxury vinyl plank flooring, recessed lighting, fresh interior/exterior paint, and a redone outdoor patio, presenting a completely turnkey, move-in-ready condition.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The property has been extensively updated with new kitchens, bathrooms, flooring, and fresh paint, offering a move-in-ready experience that minimizes immediate capital expenditures.
Delivered completely vacant, this duplex allows investors to set market-rate rents immediately or enables owner-occupants to utilize residential financing while living in one unit.
Originally built in 1925, the property may possess aging underlying systems or structural elements typical of century-old buildings that cosmetic updates do not fully address.
Despite its proximity to the LA Waterfront, the property offers no scenic views, which may limit its appreciation potential compared to nearby coastal-facing residences.
Welcome to 1316 S Grand Avenue, a beautifully updated duplex in the heart of San Pedro. Delivered completely vacant at close of escrow, this property is the perfect opportunity for both investors and owner-occupants seeking immediate potential. Each unit features 2 bedrooms and 1 bathroom, with its own garage, and the property has undergone several recent upgrades including fresh interior and exterior paint, new flooring, updated kitchens and baths, modern fixtures, a redone outdoor patio, and a newly covered stair railing that enhances both safety and curb appeal. With a gross annual rent potential of $63,600, the property offers a strong pro forma return, boasting a GRM of 14.54 and an approximate CAP Rate of 5.8% at the $924,900 asking price. The vacancy allows investors to set market rents immediately, while owner-occupants can take advantage of the opportunity to live in one unit while renting out the other for strong supplemental income. Located in Central San Pedro, this duplex offers convenient access to the LA Waterfront, freeways, schools, dining, and shopping. With its turnkey condition, income-producing potential, and prime location, 1316 S Grand Avenue is a rare opportunity in one of Southern California’s most exciting coastal markets. Schedule your private tour today and see all that this San Pedro property has to offer.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,226 | 2,273 | 50% |
| Lot Size | 4,506 | 5,001.5 | 20% |
| Price | $924.9K | $985.0K | 43% |
| Price per sq ft | $415 | $462 | 39% |
| Built year | 1925 | 1928 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 56 | 210 | 2% |
Feb 25, 2026
$924,900
Initial Listing
Aug 26, 2016
$570,000
Public Record
Feb 22, 2001
$185,500
Public Record
May 16, 1996
$125,000
Public Record